Chicago, IL 60639,5948 W Diversey AVE
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Chicago, IL 60639,5948 W Diversey AVE
Chicago, IL 60639,5948 W Diversey AVE
Chicago, IL 60639,5948 W Diversey AVE
Chicago, IL 60639,5948 W Diversey AVE
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$ 489,000
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5948 W Diversey AVE Chicago, IL 60639

3 Beds


UPDATED:

09/27/2024 02:15 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Central

MLS Listing ID 12037356

Bedrooms 3

Year Built 1924

Annual Tax Amount $2,296

Tax Year 2022

Lot Dimensions 3125

Property Description

Two Units for sale with a Long-Time Bar with Over 80 Years of Tradition! Prime Chicago Location with NO COMPETITION at This 4-Corner Spot! - 5948 W Diversey Ave, Chicago, IL 60639 Discover an amazing opportunity at the busy corner of Diversey Avenue and Austin. This historic bar has been around for over 80 years and is built with strong brick construction. It's ready for someone to continue its legacy or turn it into a new business, with the potential to get a liquor license. Key Features: Address: 5948 W Diversey Ave, Chicago, IL 60639 Zoning: Commercial (B), which means it can be used for lots of different businesses. Building Size: Lots of space inside to run and customize your business. Lot Size: Large lot in a prime Chicago area. Parking: Plenty of parking spaces for customers and staff. Outdoor Seating: Enclosed patio area for outdoor dining or relaxing. Utilities: Separate meters for electricity and central heating. Amenities: Central heat throughout to keep everyone comfortable. Condition: Solid brick building with durable shingle roof. Business Potential: This property is currently a bar/lounge/nightclub, but it has great potential for many other types of businesses. With its prime location and the chance to keep a liquor license, it could be a restaurant, cafe, specialty store, or continue as a nightlife hotspot. Additional Features: Enclosed outdoor seating for a great customer experience. Satellite dish for diverse entertainment options. Plenty of parking for both indoor and outdoor needs. Financial Aspects: This property is a great investment in a thriving Chicago neighborhood. Detailed financial information is available on request to help you make an informed decision. For both new and experienced business owners, 5948 W Diversey Ave offers a unique mix of location, flexibility, and potential. Whether you want to continue the bar's long history or start something new, this property is perfect for your business dreams. Contact Information: For more information and to schedule a viewing, please contact the Listing Broker. The property is being sold "As-Is." Don't miss out on this fantastic opportunity to start your next commercial venture in a top Chicago spot!

Location

State IL

County Cook

Area Chi - Belmont Cragin

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.0

Waterfront false

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


Midwest Real Estate Data (MRED) IDX
Listed by Andrzej Olszowka • Arc Red Inc Arc Realty Group

Eric Marcus

Broker

+1(773) 732-9898

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5948 W Diversey AVE